American Interest Expense vs Total Operating Expenses Analysis

AFGE Stock  USD 19.91  0.02  0.10%   
American Financial financial indicator trend analysis is way more than just evaluating American Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Financial is a good investment. Please check the relationship between American Financial Interest Expense and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Interest Expense vs Total Operating Expenses

Interest Expense vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Financial Interest Expense account and Total Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between American Financial's Interest Expense and Total Operating Expenses is -0.12. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of American Financial Group, assuming nothing else is changed. The correlation between historical values of American Financial's Interest Expense and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of American Financial Group are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Interest Expense i.e., American Financial's Interest Expense and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from American Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Financial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At present, American Financial's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.44, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.06.
 2021 2023 2024 (projected)
Interest Expense94M76M70.8M
Depreciation And Amortization187M78M147.1M

American Financial fundamental ratios Correlations

0.490.420.380.9-0.49-0.670.820.80.72-0.04-0.590.92-0.4-0.32-0.331.00.570.4-0.090.58-0.310.320.08-0.530.93
0.49-0.26-0.30.610.19-0.260.520.620.320.03-0.540.37-0.24-0.010.170.480.530.96-0.110.750.14-0.27-0.06-0.060.33
0.42-0.260.980.17-0.77-0.360.180.110.39-0.010.110.46-0.02-0.43-0.510.43-0.16-0.260.12-0.13-0.60.77-0.11-0.410.55
0.38-0.30.980.12-0.77-0.290.140.070.390.070.170.39-0.13-0.26-0.550.4-0.23-0.30.1-0.06-0.610.8-0.06-0.440.46
0.90.610.170.12-0.4-0.610.940.90.58-0.07-0.520.76-0.51-0.25-0.220.880.630.450.00.63-0.10.090.1-0.460.79
-0.490.19-0.77-0.77-0.40.47-0.38-0.29-0.240.22-0.23-0.450.260.380.82-0.49-0.040.25-0.250.010.45-0.62-0.30.7-0.58
-0.67-0.26-0.36-0.29-0.610.47-0.39-0.77-0.450.170.21-0.72-0.090.590.58-0.67-0.42-0.27-0.02-0.340.28-0.28-0.250.52-0.77
0.820.520.180.140.94-0.38-0.390.790.51-0.04-0.510.66-0.62-0.13-0.080.810.550.31-0.040.53-0.090.150.11-0.320.67
0.80.620.110.070.9-0.29-0.770.790.560.0-0.440.72-0.39-0.28-0.270.790.540.48-0.10.67-0.150.130.22-0.430.7
0.720.320.390.390.58-0.24-0.450.510.560.63-0.220.71-0.42-0.08-0.180.72-0.050.24-0.340.48-0.690.14-0.01-0.280.61
-0.040.03-0.010.07-0.070.220.17-0.040.00.630.32-0.06-0.370.470.16-0.04-0.66-0.01-0.380.23-0.56-0.16-0.050.23-0.22
-0.59-0.540.110.17-0.52-0.230.21-0.51-0.44-0.220.32-0.560.050.18-0.33-0.59-0.79-0.490.18-0.44-0.28-0.020.220.02-0.53
0.920.370.460.390.76-0.45-0.720.660.720.71-0.06-0.56-0.22-0.52-0.380.920.460.31-0.350.44-0.490.360.13-0.470.93
-0.4-0.24-0.02-0.13-0.510.26-0.09-0.62-0.39-0.42-0.370.05-0.22-0.510.15-0.38-0.01-0.020.24-0.550.21-0.13-0.180.34-0.11
-0.32-0.01-0.43-0.26-0.250.380.59-0.13-0.28-0.080.470.18-0.52-0.510.3-0.32-0.31-0.06-0.10.30.2-0.170.020.28-0.62
-0.330.17-0.51-0.55-0.220.820.58-0.08-0.27-0.180.16-0.33-0.380.150.3-0.340.020.15-0.08-0.110.44-0.49-0.50.79-0.43
1.00.480.430.40.88-0.49-0.670.810.790.72-0.04-0.590.92-0.38-0.32-0.340.570.39-0.10.57-0.320.340.08-0.530.93
0.570.53-0.16-0.230.63-0.04-0.420.550.54-0.05-0.66-0.790.46-0.01-0.310.020.570.50.210.360.54-0.05-0.06-0.320.57
0.40.96-0.26-0.30.450.25-0.270.310.480.24-0.01-0.490.31-0.02-0.060.150.390.5-0.080.670.16-0.3-0.1-0.020.29
-0.09-0.110.120.10.0-0.25-0.02-0.04-0.1-0.34-0.380.18-0.350.24-0.1-0.08-0.10.21-0.08-0.310.52-0.05-0.18-0.250.02
0.580.75-0.13-0.060.630.01-0.340.530.670.480.23-0.440.44-0.550.3-0.110.570.360.67-0.31-0.08-0.010.08-0.220.32
-0.310.14-0.6-0.61-0.10.450.28-0.09-0.15-0.69-0.56-0.28-0.490.210.20.44-0.320.540.160.52-0.08-0.41-0.220.17-0.32
0.32-0.270.770.80.09-0.62-0.280.150.130.14-0.16-0.020.36-0.13-0.17-0.490.34-0.05-0.3-0.05-0.01-0.410.17-0.30.36
0.08-0.06-0.11-0.060.1-0.3-0.250.110.22-0.01-0.050.220.13-0.180.02-0.50.08-0.06-0.1-0.180.08-0.220.17-0.190.05
-0.53-0.06-0.41-0.44-0.460.70.52-0.32-0.43-0.280.230.02-0.470.340.280.79-0.53-0.32-0.02-0.25-0.220.17-0.3-0.19-0.58
0.930.330.550.460.79-0.58-0.770.670.70.61-0.22-0.530.93-0.11-0.62-0.430.930.570.290.020.32-0.320.360.05-0.58
Click cells to compare fundamentals

American Financial Account Relationship Matchups

American Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets70.1B73.6B28.9B28.8B29.8B26.8B
Short Long Term Debt Total1.5B7.2B2.0B1.5B1.5B1.1B
Other Current Liab(814M)(807M)(920M)(1.0B)(1.2B)(1.1B)
Total Current Liabilities814M807M920M1.0B9.8B17.6B
Total Stockholder Equity6.3B6.8B5.0B4.1B4.3B3.2B
Property Plant And Equipment Net158M139M118M103M176M184.8M
Net Debt(841M)(847M)(167M)624M250M262.5M
Retained Earnings4.0B4.1B3.5B3.1B3.1B1.8B
Cash2.3B2.8B2.1B872M1.2B1.0B
Non Current Assets Total50.5B47.0B13.2B13.1B20.2B25.6B
Non Currrent Assets Other(1.2B)(525M)(501M)(486M)17.8B18.7B
Cash And Short Term Investments48.8B46.0B12.5B11.0B1.2B1.2B
Liabilities And Stockholders Equity70.1B73.6B28.9B28.8B29.8B26.8B
Non Current Liabilities Total1.5B2.0B2.0B4.2B10.6B11.1B
Other Stockholder Equity1.3B1.3B1.3B1.4B1.4B1.2B
Total Liab63.9B66.8B23.9B24.8B25.5B23.3B
Total Current Assets54.5B58.3B18.1B14.6B2.7B2.8B
Accumulated Other Comprehensive Income863M1.3B119M(543M)(319M)(303.1M)
Net Receivables5.7B12.3B5.6B886M7.1B7.5B
Other Current Assets6.4B3.6B5.5B917M961M1.0B
Intangible Assets250M210M352M354M522M567.4M
Accounts Payable814M807M920M1.0B1.2B1.0B
Short Term Investments46.5B43.2B10.4B10.1B521M495.0M
Current Deferred Revenue2.4B2.6B768M882M1.0B1.7B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether American Financial is a strong investment it is important to analyze American Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Financial's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Financial. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of American Financial is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Financial's value that differs from its market value or its book value, called intrinsic value, which is American Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Financial's market value can be influenced by many factors that don't directly affect American Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.